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Jiangsu Huaxicun Co (SZSE:000936) Debt-to-Equity : 0.20 (As of Mar. 2024)


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What is Jiangsu Huaxicun Co Debt-to-Equity?

Jiangsu Huaxicun Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥1,040 Mil. Jiangsu Huaxicun Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ¥0 Mil. Jiangsu Huaxicun Co's Total Stockholders Equity for the quarter that ended in Mar. 2024 was ¥5,156 Mil. Jiangsu Huaxicun Co's debt to equity for the quarter that ended in Mar. 2024 was 0.20.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Jiangsu Huaxicun Co's Debt-to-Equity or its related term are showing as below:

SZSE:000936' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19   Med: 0.41   Max: 0.92
Current: 0.2

During the past 13 years, the highest Debt-to-Equity Ratio of Jiangsu Huaxicun Co was 0.92. The lowest was 0.19. And the median was 0.41.

SZSE:000936's Debt-to-Equity is ranked better than
65.09% of 1392 companies
in the Chemicals industry
Industry Median: 0.35 vs SZSE:000936: 0.20

Jiangsu Huaxicun Co Debt-to-Equity Historical Data

The historical data trend for Jiangsu Huaxicun Co's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jiangsu Huaxicun Co Debt-to-Equity Chart

Jiangsu Huaxicun Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.67 0.22 0.21 0.21

Jiangsu Huaxicun Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.24 0.24 0.22 0.21 0.20

Competitive Comparison of Jiangsu Huaxicun Co's Debt-to-Equity

For the Chemicals subindustry, Jiangsu Huaxicun Co's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jiangsu Huaxicun Co's Debt-to-Equity Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Jiangsu Huaxicun Co's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Jiangsu Huaxicun Co's Debt-to-Equity falls into.



Jiangsu Huaxicun Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Jiangsu Huaxicun Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Jiangsu Huaxicun Co's Debt to Equity Ratio for the quarter that ended in Mar. 2024 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Jiangsu Huaxicun Co  (SZSE:000936) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Jiangsu Huaxicun Co Debt-to-Equity Related Terms

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Jiangsu Huaxicun Co (SZSE:000936) Business Description

Traded in Other Exchanges
N/A
Address
Huaxi Village, Jiangsu Province, Jiangyin, CHN, 214420
Jiangsu Huaxicun Co Ltd is engaged in the manufacture of textile and chemical fiber products as well as the generation and distribution of electric power, terylene short fibers, polyester products and storage services.
Executives
Tang Wei Qing Director
Yu Tong Executives
Wang Hong Yu Directors, executives
Wu Xiu Qin Supervisors
Li Man Liang Directors, executives
Wu Xie En Director
Bian Wu Biao Directors, Directors, and Executives
Wu Wen Tong Directors, executives
Sun Yun Feng Director
Wu Jian Rong Supervisors
Xu Jian Rong Supervisors

Jiangsu Huaxicun Co (SZSE:000936) Headlines

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